$299,000
For sale: Vacant Land

Rare opportunity to build your dream home in LAMBETH, Magnolia Fields, a desirable and growing community in South West London. If you've been searching for a home that perfectly fits your lifestyle but haven't found the right one, this residential building lot offers the opportunity to start from the ground up and create a home designed specifically for your needs. This fully serviced, permit-ready lot measures approximately 36.18 ft wide x 111.84 ft deep, offering the flexibility to design and build your own custom home or work with a builder of your choice. Located in the welcoming Magnolia Fields community, this property combines the appeal of a growing neighbourhood with convenient access to London's amenities, schools, shopping, parks, and major transportation routes. Opportunities to purchase individual building lots like this are rarely available to the public. Bring your vision, choose your design, and create the home you've always wanted. Don't miss this exceptional opportunity to build in one of South West London's sought-after communities.
Sold data
Vacant Land homes in London South (South V) took a median of 33 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 64 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $649,900.
Homes sold for about 2.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 64 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South V) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$374,900
Vacant Land947 DEARNESS DRIVE, South Y, London South

$350,000
Vacant LandLOT 24 DINGMAN DRIVE, South W, London South

$388,800
Vacant Land121 RIVERSIDE DRIVE, North Q, London North

$349,900
Vacant Land23127 VALLEYVIEW ROAD, Rural Thames Centre, Thames Centre

$399,000
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$399,900
Vacant Land78 QUEEN STREET, Komoka, Middlesex Centre

$314,900
Vacant Land6305 HEATHWOODS AVENUE, South V, London South

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Vacant LandLOT 16 HIGHBURY AVENUE N, Ballymote, Middlesex Centre